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Bottom Line: This is Not the Bottom of the Financial Crisis
Thomas Barrack Jr. is a friend of mine who happens to be a brilliant guy. We’ve partnered on ventures and he’s the CEO of Colony Capital. He’s been following the financial crisis and occasionally sends me his thoughts about what is going on. He makes such good sense that I’d like to quote a few paragraphs from what he sent me a few days ago:

The Synapse of Trust
I have an interesting analogy about trust between people. I would like to read your thoughts on this way of expressing trust. Do you agree? What would you add? Please reas this article and let me know your opinion.

Avoiding the 'Drop' One Day at a Time
Growing up — maturing — is a never-ending process. Decisions have to be made every day, and every one of them makes a difference!

Seven Strategic Actions to Deal With Stress At Work From “Your Strategic Thinking Business Coach”
Look around you and you will see stress. People are being challenged in this new economy. Stress is a fact of daily life and it is especially true at work. And the stress is heightened because many small business owners must face these challenges essentially alone or with some minimal support system for assistance. While some people will strive on stress and will use stress to improve their performance, there are many others who fold or breakdown under the strain of stress. Here are seven strategic actions from “Your Strategic Thinking Business Coach” to deal with the stress at work.

360 Degree Avalanche
There is an intrinsic attraction to 360-degree feedback. Traditional feedback processes are effectively one-degree type systems with, usually, the immediate supervisor providing the employee with uni-directional comment. By involving more than just one person in the feedback process, the process is likely to be more meaningful for both supervisor and employee with greater representation in the amount and type of information supplied. Those providing the multi-rater feedback may include peers, direct reports, other levels of management, internal and even external customers. Suppliers may also provide feedback and there is, of course, the opportunity for self-appraisal.

A retirement plan for African leaders, Mo Ibrahim
African leaders, Ibrahim (says), look to retirement as they would to the edge of a cliff, beyond which lies a dizzying fall towards retribution and relative poverty.

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Stopping the Runaway Train in Triplicate
Communication is the key to survival and change. And the key to that communication is trust. We need to know that our ideas will be listened to and be taken seriously. And we need to know that our comments, when given in good faith, will be free from retribution and rancor.

A retirement plan for African leaders, Mo Ibrahim
African leaders, Ibrahim (says), look to retirement as they would to the edge of a cliff, beyond which lies a dizzying fall towards retribution and relative poverty.

Whistleblowers are necessary
One wonders at the conditions that apply which impel someone to expose corrupt, illicit, negligent, abusive or exploitative behaviour. This could be government or corporate policies or an individual’s activities. And one wonders at the response to such exposure which is always initially denial and ultimately a very severe and harsh form of retribution against the person who ‘blew the whistle’ which led to the exposure.

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